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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

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Binance , Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb.

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Bitcoin Daily: Crypto-Related Crime Fell To $10 Billion In 2020; Singapore Exchange, Temasek Team On Digital Asset Market Infrastructure

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The crimes that ended up driving the change in 2020 were scams and the darknet market, the blog's stats report. LVL, an upstart bitcoin exchange, has rolled out its own Mastercard debit card which it's taking pre-orders for, a report from CoinDesk says. More stats show that scams netted around $2.6

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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

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The round was led by Blockchain Capital, Standard Crypto, Blockchain.com Ventures and more. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption. Aave , an Ethereum-based loan protocol, has raised $25 million in a funding round, according to a report from Crypto News.

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Bitcoin Daily: Overstock’s tZERO Starts Trading, Coinbase Partners With TurboTax

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Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month.

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Bitcoin Daily: BitBay Will No Longer Support Monero’s XMR; Bitcoin ATMs Coming To More Shopping Malls

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“As a licensed exchange, BitBay has to follow the market standards. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

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Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported. The company reportedly applied for an operating license in the country in the past. JVCEA said Tokyo Hash and Digital Asset Markets Inc.

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

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Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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